The Duterte administration is maintaining its “fighting target” for economic growth of 6 percent or above this year to keep on track President Duterte's ultimate goals of lowering poverty incidence…
The Department of Finance (DOF) has said the continued downward trend in the monthly increase in commodity prices is reflective of the Duterte administration’s decisive efforts to keep inflation at…
The next leg of the Sulong Pilipinas workshops this year will be held in the city of Iligan in Northern Mindanao on Sept. 14, the Department of Finance (DOF) has…
Finance Secretary Carlos Dominguez III has underscored the need for the Social Security System (SSS) to further strengthen its financial standing by improving the quality and performance of its investments,…
The Philippine Statistics Authority (PSA)’s recent report on the doubling of foreign direct investment (FDI) pledges during the first half of 2019 shows that fears of investment flight following the…
The Committee on Appropriations of the House of Representatives has endorsed for congressional approval the P17.29-billion budget of the Department of Finance (DOF) and its attached agencies for 2020, a…
Fellow member-states of the Association of Southeast Asian Nations (ASEAN) have recognized the Philippines’ excise tax on sugar-sweetened beverages (SSBs) under the Tax Reform for Acceleration and Inclusion (TRAIN) Law…
President Duterte's centerpiece program “Build, Build, Build” will provide the Philippines the stimulus it needs to keep creating jobs and opening new investment opportunities despite the global economic slowdown, Finance…
A digital tax payments system recently launched by the Bureau of Internal Revenue (BIR) using the PESONet electronic funds transfer service will save the government some P230 million per year…
Finance Secretary Carlos Dominguez III said that tax incentives given to companies must be reviewed every two years as the Philippines has been too generous in giving away tax incentives…
